I bought AMD Jan 2023 $90 options for $13 earlier in the year when AMD was trading ~$80. So the breakeven price is $103 by Jan 2023 which I found not very risky looking at the accelerating EPS growth.
It was $1.86/share Oct/Nov 2012, quite a rally if you ask me. I think it was still $1.66/share sometimes in '15.
From Nov 2012 (that was after Bulldozer), it run to $153/share on 19th Nov '21 – that's 8255,38%!
I remember vividly back in 2002 studying the newly established 'FT Deutschland' (FT's German Edition) when being in Germany, that FT Deutschland brought an profound article talking about AMD's imminent impact of success (and how it's going to hit INTC hard) with the then-new Thoroughbred-Athlons – I should've invested as I felt something was up.
Just curious any people own $AMD shares? I was surprised to learn that AMD is the second most owned company on Robinhood trading platform behind Apple. I bought in at $10.47 after last earnings absolutely destroyed it. Just sold right before current earnings at $14.12 and looking to maybe buy back in lower than I sold for. Closed today at $13.61.
If you want a moderately more risky play, consider buying XLNX. AMD bought XLNX for an all stock deal at a fixed conversion rate (as in it stays the same regardless of the price of the two sticks) of 1.7.
Currently the ratio is only 1.5 due to uncertainty if the deal will get through regulatory approval, which is a nice arbitrage opportunity if you think it will.
Fyi, Amazon's P/e was even 1.100 at a time. P/e is not the best indicator for a company investing/researching and selling in lower prices. The AMD product line-up proves that they are investing a lot.
What I see lately is that AMD is raising prices. This seems like a good indicator of how they are positioning themselves versus the market.
That's interesting, didn't know the stock was so popular on Robinhood. I remember around 2 years ago their stock price was in the $2 range and r/wallstreetbets were all talking about going "YOLO" with AMD. Pretty nice comeback for their stock. Lisa Su seems like a great CEO.
I exercised 8.5k shares for $25k right before Company raised at a “unicorn” valuation to avoid paying AMT because I had no idea where the FMV would end up.
Strike price was ~couple dollars, preferred shares from the round were high teens, and the FMV ended up being a little more than double my strike price.
I’m happy I’m an owner, but probably could of waited until the next round if I knew the FMV was going to be lower. IPO hopefully coming in 18-24 months.
This is really not that much considering how much every stock has gone up the last couple of years. Nvidia and AMD is up 887% and 737% respectively from 5 years ago.
I've been building a position in Lattice since $6, it's $19 today. Jim Anderson left AMD to be CEO there. I bought on the chance there's a future merge/acquisition but they're doing great work regardless
That’s more than $1B at current price. Plus all the options which is probably more retail vs institutional. Options are definitely worth more than retail equity holdings.
Look how much I'm up by buying close to the money options instead of buying shares at $80: https://i.imgur.com/vYHl1LY.png
reply